Top US Crypto ETFs by AUM: 1. IBIT (BlackRock) – $70.6B 2. FBTC (Fidelity) – $18B 3. GBTC (Grayscale) – $15B 4. BITB (Bitwise) – $3.5B 5. ARKB (ARK 21Shares) – $3.4B
Top Canada & Europe Crypto ETFs: 1. BTCC (Purpose BTC - Canada) – $1.8B CAD 2. FBTC (Fidelity BTC - Canada) – $1.1B CAD 3. QBTC (3iQ CoinShares BTC - Canada) – $900M CAD 4. EBIT (Evolve BTC - Canada) – $460M CAD 5. ETHH (Purpose ETH - Canada) – $650M CAD
Top Asia Crypto ETFs: 1. CSOP BTC Futures ETF (Hong Kong) – $1.1B HKD 2. Harvest BTC Spot ETF (Hong Kong) – $850M HKD 3. Samsung BTC ETF (Hong Kong) – $720M HKD 4. Global X BTC ETF (Hong Kong) – $600M HKD

3iQ CoinShares Bitcoin ETF (QBTC)

Spot Bitcoin ETF listed on the Toronto Stock Exchange – physically-backed direct exposure to Bitcoin from 3iQ and CoinShares.

Key Facts

Issuer3iQ / CoinShares
TickerQBTC (TSX – Toronto Stock Exchange)
Expense Ratio0.39% (management fee)
Approx. AUM$900M CAD
CustodianGemini Trust Company (cold storage)
InceptionFebruary 18, 2021
Official Site3iQ QBTC Page

Composition / Holdings

QBTC is 100% physically-backed spot Bitcoin (no derivatives or futures).

Asset Percentage Description
Bitcoin (BTC) 100% Physically-backed spot Bitcoin held in cold storage by Gemini Trust Company

No leverage, futures, or other assets. Direct 1:1 exposure to Bitcoin price (less fees).

Net Inflows & Outflows

Historical daily/weekly net flows showing investor demand for QBTC in Canada.

Performance Overview

NAV tracking and returns vs. Bitcoin spot price (historical).

ESG & Sustainability Metrics

Estimated ESG ratings and carbon footprint (where applicable for crypto ETFs).

Pros

  • Physically-backed spot Bitcoin with institutional-grade custody (Gemini)
  • Competitive low expense ratio (0.39%) among Canadian spot BTC ETFs
  • Direct 1:1 exposure to Bitcoin price (no derivatives)
  • Strong partnership between 3iQ and CoinShares (European crypto expertise)

Cons

  • Full exposure to Bitcoin price volatility
  • No direct Bitcoin ownership or withdrawal option
  • CAD denominated (currency risk for non-CAD investors)
  • Smaller AUM than BTCC/FBTC (slightly lower liquidity)

How to Buy QBTC

Available on major Canadian brokers (e.g., Wealthsimple, Questrade, RBC Direct Investing, TD Direct Investing, etc.). Search ticker QBTC (or QBTC.U for USD).

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Not financial advice. Investments in crypto ETFs involve high risk, including potential loss of principal. Data approximate and subject to change; always verify with official sources.